Market Comments | pomonawealth

A Summer of Worry

Aren’t we glad we have a crisis again? The prophets of doom did not leave a single stone unturned to find signs of the next crisis. Ecco qua, Italy delivered a phenomenal political turmoil that created chaos in the financial markets. Italy is not the only crisis country right now: Spain and Portugal are seeing higher interest rates while Turkey and Argentina suffer a full-blown currency crisis. The first experts are already warning about a major financial crisis. Let us put t

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